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China’s NBS: China's consumer inflation will recover mildly

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Following the publication of the high-impact China’s activity data for March, the National Bureau of Statistics (NBS) expressed its outlook on the economy during its press conference on Tuesday.

Key quotes (via Reuters)

China's consumer inflation will recover mildly.

Meanwhile, citing sources, Reuters reports on Tuesday that China's major state banks are seen selling the US Dollars for Yuan in onshore forex market to stabilize the Chinese currency.

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